USDA APHIS restricted imports of animal commodities originating from or transiting Honduras, effective September 12, 2024, after New World screwworm was diagnosed in a horse. Ruminants and swine from Honduras are prohibited, while pet dogs and certain zoo and exotic animals are permitted with certification.
Screwworm restrictions on Honduran livestock tighten animal flows into the US and raise biosecurity concerns for cattle, though Honduras is a small direct supplier, so the price effect is limited.
After 148 past bullish disease events, Live Cattle moved a median +0.4% over 5 sessions (62% higher; middle half -0.5% to +1.2%), and +1.4% over 20.
After 122 past bullish disease events, Feeder Cattle moved a median +0.4% over 5 sessions (60% higher; middle half -1.0% to +1.6%), and +2.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.